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Cirrus Logic Inc. Message Board

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  • mk54321 mk54321 Nov 9, 2012 10:44 AM Flag

    Phew! That was fun! Next stop -- $60

    I would not say it was fun.........but I did pick us some additional shares @$32.45 that I believe will climb much higher over the next 6-18 months.

    $60 is possible ---I believe Mary Meeker has a good handle on the rabid expansion of the mobile internet.

    -------------------------------------------------------------------------------------------------------------------------------------

    By the end of 2013, Mary Meeker -KPCB partner expects there to be 160 million Android devices, 100 million Windows devices, and 80 million iOS devices shipped per quarter.

    And for the last big statistic, by the end of Q2 2013, Meeker believes the global smartphone plus tablet install base will surpass the install base of the PC.

    Meeker noted that iPad adoption is now ramping up five times faster than iPhone adoption, up from 3X in her May report.

    2 billion Smart Phones by 2015 - 100% higher than today.

    Sentiment: Buy

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